122 WALNUT CREEK DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $380,445 and $742,876, with a best estimate of $645,994. That places the property above the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466, in a neighborhood that declined 4.3% over the past year.
Estimated Value Range
$645,994
$672,773
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L526504D - FOREST OAKS SEC 12 & 14, this home's estimated market value is between $380,445 and $742,876. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$53,558 for 169 sqft more living space and -$8,346 for being older. Net adjustment: +$45,212.
Adjusted +$97,925 for 309 sqft more living space and +$16,691 for being newer. Net adjustment: +$114,616.
Adjusted -$163,525 for 516 sqft less living space. Net adjustment: -$163,525.
Adjusted +$26,937 for 85 sqft more living space and +$8,346 for being newer. Net adjustment: +$35,283.
Adjusted -$107,115 for 338 sqft less living space. Net adjustment: -$107,115.
The Neighborhood
This home is valued 13.0% above the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466. With 1,138 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.3% over the past year.
L526504D - FOREST OAKS SEC 12 & 14
typicalThis home is +13.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $13,328 across all districts. With a homestead exemption claimed, that drops to $11,658 — saving $1,670 per year. That's $972 per month a buyer should budget. The assessed value increased roughly in line with the neighborhood, so a tax protest is unlikely to yield significant savings.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $7,312 |
| Williamson County | County | 0.3694% | $2,486 |
| Cedar Park | City | 0.3600% | $2,422 |
| Austin Community College | special | 0.1034% | $696 |
| Williamson County FM/Rd | County | 0.0443% | $298 |
| Upper Brushy Creek WCID | Water | 0.0170% | $114 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $13,328 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $645,994 would pay approximately $4,032 per month (principal and interest only, excluding taxes and insurance).